220 Seaside Sparrow WAY, Kyle TX 78640

The market data from 7 similar recent sales in 6 CREEKS points to a value of approximately $702,596. To sell within a reasonable timeframe at fair market value, the $530,000 to $540,000 range is where I'd position this. With 7 comparable homes on the market in 6 CREEKS, this price positions the property as the most expensive of 7 comparable homes on the market. At 0.35 acres, the lot is larger than the 0.31 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 6 CREEKS; a buyer's market based on recent absorption. In 6 CREEKS, home values have fallen approximately 8.1% over the past 6 months. One of the strongest data points is 112 Lily Pad Lane, Kyle TX 78640, adjusting to $735,981; a strong comparable. 7 comparable transactions in 6 CREEKS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group